Nathan Benaich @nathanbenaich Twitter profile

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Nathan Benaich

3 months

Open source is one of the biggest drivers of progress in software - AI would be unrecognizable without it. However, it is under existential threat from both regulation and well-funded lobby groups. The community needs to defend it vigorously. 🧵

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Last Seen Profiles

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Nathan Benaich

@nathanbenaich

4 years

Current status in Soho.

Torsten Reil

@torstenreil

4 years

“Nothing will ever be the same again”

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Nathan Benaich

@nathanbenaich

2 years

Meta Reality Labs is gonna cost as much as the Apollo Space Program, or about 10 Manhattan Projects. 🫠

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Nathan Benaich

@nathanbenaich

7 months

🪩The @stateofaireport 2023 is now here. Our 6th installment is one of the most exciting years I can remember. The #stateofai report covers everything you *need* to know, covering research, industry, safety and politics. There’s lots in there, so here’s my director’s cut 🧵

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Nathan Benaich

@nathanbenaich

1 year

Interesting 👀 “We are not going to stop at replicating ChatGPT. We want to build the assistant of the future, able to not only write email and cover letters, but do meaningful work, use APIs, dynamically research information, and be personalized.”

GitHub - LAION-AI/Open-Assistant: OpenAssistant is a chat-based assistant that understands tasks,...

OpenAssistant is a chat-based assistant that understands tasks, can interact with third-party systems, and retrieve information dynamically to do so. - LAION-AI/Open-Assistant

github.com

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Nathan Benaich

@nathanbenaich

2 years

🪩The @stateofaireport 2022 is live!🪩 In its 5th year, the #stateofai report condenses what you *need* to know in AI research, industry, safety, and politics. This open-access report is our contribution to the AI ecosystem. Here's my director's cut 🧵:

State of AI Report 2023

The State of AI Report analyses the most interesting developments in AI. Read and download here.

www.stateof.ai

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Nathan Benaich

@nathanbenaich

1 year

Prompt engineer is not a thing. Stop trying to make it a thing.

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Nathan Benaich

@nathanbenaich

2 years

It's not surprising that Jasper (vertical SaaS powered by GPT3) makes more $$$ than OpenAI (GPT3 API). A model behind an API with standard pricing basically treats every API use case as having the same value. This means the model host suffers suboptimal value capture. /n

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Nathan Benaich

@nathanbenaich

5 months

for today’s news… courtesy of @ernopp a few months ago

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Nathan Benaich

@nathanbenaich

3 months

Meta’s LLM for software testing work is super exciting. This paper describes Meta’s TestGen-LLM tool, which uses LLMs to automatically improve existing human-written tests. TestGen-LLM verifies that its generated test classes successfully clear a set of filters that assure…

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Nathan Benaich

@nathanbenaich

1 year

When one of the most impressive contributors to AI says that 80% of his code is now written by AI… …big thing are coming for the world of programming, dev tools, infra et al. Perhaps one doesn’t need to learn to code after all?

Andrej Karpathy

@karpathy

1 year

Nice read on reverse engineering of GitHub Copilot 🪄. Copilot has dramatically accelerated my coding, it's hard to imagine going back to "manual coding". Still learning to use it but it already writes ~80% of my code, ~80% accuracy. I don't even really code, I prompt. & edit.

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Nathan Benaich

@nathanbenaich

1 year

You know someone’s lost the plot when they say things like “it’s nothing revolutionary” to a product that’s caught lightning in a bottle. That’s not the point. The point is that tons of people find it actually useful. Shame to see.

ChatGPT is 'not particularly innovative,' and 'nothing revolutionary', says Meta's chief AI...

The public perceives OpenAI's ChatGPT as revolutionary, but the same techniques are being used and the same kind of work is going on at many research labs, says the deep learning pioneer.

www.zdnet.com

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Nathan Benaich

@nathanbenaich

2 years

🤓In 2017, Google researchers introduced the Transformer in "Attention is all you need", which took AI by storm. 5 startups were born: @AdeptAILabs (🏦 @airstreet ), Inceptive, @NEARProtocol , @CohereAI , CharacterAI. Only 1/8 authors remain @GoogleAI , another is at @OpenAI . 😉

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Nathan Benaich

@nathanbenaich

6 months

"The idea that artificial intelligence could lead to the extinction of humanity is a lie being promulgated by big tech in the hope of triggering heavy regulation that would shut down competition in the AI market, one of the world’s top AI experts warned." - Andrew Ng.

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Nathan Benaich

@nathanbenaich

9 months

bye bye a bunch of startups 😔

OpenAI

@OpenAI

9 months

We've just launched fine-tuning for GPT-3.5 Turbo! Fine-tuning lets you train the model on your company's data and run it at scale. Early tests have shown that fine-tuned GPT-3.5 Turbo can match or exceed GPT-4 on narrow tasks:

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Nathan Benaich

@nathanbenaich

1 year

From DeepMind to Google DeepMind to DeepMind to Google DeepMind over 13 years :-)

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Nathan Benaich

@nathanbenaich

1 year

Giga-GAN based upsampling. I mean these results are just mind blowing compared to where we were in 2015/16 with super-resolution...

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Nathan Benaich

@nathanbenaich

2 years

🇪🇺European VC at Series A: “can you forecast your paid marketing spend per channel so we can understand your CAC evolution”. 🇺🇸US VC at Series A: “what’s it going to take to crush your competition and be #1 in your category”. You pick :-)

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Nathan Benaich

@nathanbenaich

9 months

When actual finance guys get into AI infra, they think of actually smart ways to finance their growth re: don't sell equity for GPUs. "We negotiated with them to find a schedule for how much collateral to go into it, what the depreciation schedule was going to be versus the…

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Nathan Benaich

@nathanbenaich

4 years

💥We're live with @stateofaireport 2020💥 For the 3rd year, @soundboy and I spent 2 months analyzing the most interesting developments in AI. We aim to trigger an informed conversation about the #stateofai and its implication for the future. Thread 👇

State of AI Report 2023

The State of AI Report analyses the most interesting developments in AI. Read and download here.

www.stateof.ai

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Nathan Benaich

@nathanbenaich

1 year

Bye bye diffusion, hello latte art! This is impressive, fast, and efficient. Muse is a text-to-image Transformer model that achieves SOTA image generation performance while being significantly more efficient than diffusion or autoregressive models.

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Nathan Benaich

@nathanbenaich

9 months

This is what I'm here for: We examine breakthroughs over the past decade that include self-supervised learning, which allows models to be trained on vast amounts of unlabelled data, and geometric deep learning, which leverages knowledge about the structure of scientific data to…

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Nathan Benaich

@nathanbenaich

8 months

👋 I'm excited to unveil @airstreet ’s second fund of $121,212,121 as we accelerate our mission to back ambitious AI-first companies in North America and Europe! 🧵 My reflections on the journey, opportunity and what this means for our founders and community:

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Nathan Benaich

@nathanbenaich

3 years

The @stateofaireport 2021 is live! Est. 2018, @soundboy and I compile the most important work in AI research, industry, talent, and politics to inform conversation about the #stateofai . Our report is open-access to all. Here's a director's cut 🧵:

State of AI Report 2023

The State of AI Report analyses the most interesting developments in AI. Read and download here.

www.stateof.ai

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Nathan Benaich

@nathanbenaich

1 year

Can Meta just please become an AI for science company? Between this and all the awesome AI for proteins, materials, climate, medicine…Meta’s AI research contributions are so cool. Imagine what $250b would do! I would support the pivot to MetAI.

Papers with Code

@paperswithcode

1 year

🪐 Introducing Galactica. A large language model for science. Can summarize academic literature, solve math problems, generate Wiki articles, write scientific code, annotate molecules and proteins, and more. Explore and get weights:

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Nathan Benaich

@nathanbenaich

1 year

ChatGPT is way more impressive and powerful than text-to-image/video models. There, I said it.

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Nathan Benaich

@nathanbenaich

3 years

🌍Mr Worldwide @parikpatelCFA 👀

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Nathan Benaich

@nathanbenaich

4 years

Who says pattern recognition in VC doesn’t work?

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Nathan Benaich

@nathanbenaich

4 years

💥Welcome to @airstreet ! We've raised a $17M fund to back early-stage “AI-native” founders solving major problems in the enterprise, consumer and life sciences sectors. Learn more about us in @jeremyakahn 's @FortuneMagazine piece and our blog post below!

Why are Twitter and the billionaire founder of Supercell backing this London venture capitalist?

Nathan Benaich's Air Street Capital is building an impressive track record spotting early-stage A.I. companies poised to go the distance.

fortune.com

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Nathan Benaich

@nathanbenaich

7 months

A good piece by @aaronpholmes that provides some evidence for the following motion I’ve been describing to those who ask about defensibility: - prototype with a 3rd party paid model API (ie OpenAI) - iterate to PMF - get enough data to understand the economics (cost vs revenue)…

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Nathan Benaich

@nathanbenaich

2 years

In May 2021, I wrote an @FT oped to catalyse a discussion on rewriting the university spinout playbook. We've since crowdsourced deal terms from spinouts all over the world. Today, we’re sharing the @spinoutfyi database: The largest of its kind 🧵

Releasing the Spinout.fyi database

An analysis of key findings, data, and founder quotes.

www.spinout.fyi

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Nathan Benaich

@nathanbenaich

3 years

I take no credit for this genius illustration.

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Nathan Benaich

@nathanbenaich

6 months

you just gotta love this website

Emmett Shear

@eshear

6 months

I am deeply pleased by this result, after ~72 very intense hours of work. Coming into OpenAI, I wasn’t sure what the right path would be. This was the pathway that maximized safety alongside doing right by all stakeholders involved. I’m glad to have been a part of the solution.

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Nathan Benaich

@nathanbenaich

6 months

Today’s review marks a huge step forward for UK spinout founders 🇬🇧 It adopts almost all of the policy reform proposals I made via @spinoutfyi and have been pushing on for 2 years. A few thoughts on why this is a big day for the ecosystem and UK science&tech below:

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Nathan Benaich

@nathanbenaich

1 year

What product-market fit might look like in AI:

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Nathan Benaich

@nathanbenaich

1 year

Kids are banned from using generative AI at school. Meanwhile, their parents depend on it at work.

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Nathan Benaich

@nathanbenaich

9 months

Our empirical findings suggest that Transformers solve compositional tasks by reducing multi-step compositional reasoning into linearized subgraph matching, without necessarily developing systematic problem- solving skills. To round off our empirical study, we provide…

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Nathan Benaich

@nathanbenaich

1 year

"We show that the Transformer generalizes well to other tasks by applying it successfully to English constituency parsing both with large and limited training data." Understatement of the decade, 12 June 2017

Attention Is All You Need

The dominant sequence transduction models are based on complex recurrent or convolutional neural networks in an encoder-decoder configuration. The best performing models also connect the encoder...

arxiv.org

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Nathan Benaich

@nathanbenaich

2 years

Generative AI is becoming pretty astonishing. Prompt: epic sunset with blue and orange hues, and a beach with a surfer taking photographs with another surfer next to them next to a pier.

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Nathan Benaich

@nathanbenaich

3 years

Today, EU+UK universities have the ingredients to be spinout powerhouses: world-leading research, ambitious academics, and VC funding. Instead, our unis propagate an unproductive downward spiral of short-termism that hamstrings founders. Thread 🔽

Universities in the UK and Europe have a start-up problem

Instead of encouraging innovation, institutions treat would-be founders as ‘problem children’

www.ft.com

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Nathan Benaich

@nathanbenaich

11 months

LLMs outperform RL at game play by studying papers and reasoning through chain-of-thought. So sick. LLMs could be the native language to teach robots. More soon!

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Nathan Benaich

@nathanbenaich

5 months

@sebkrier sounds dangerous, must regulate

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Nathan Benaich

@nathanbenaich

6 years

🕵️‍♂️ State of AI Report 2018 - hot off the press @soundboy ⁩ and I have set out to capture a snapshot of the exponential progress in AI with a focus on developments in the past 12 months. It's built for everyone, no expertise required. Check it out!

State of AI Report 2023

The State of AI Report analyses the most interesting developments in AI. Read and download here.

www.stateof.ai

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Nathan Benaich

@nathanbenaich

6 months

remember recurrent neural networks and lstms?

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Nathan Benaich

@nathanbenaich

3 years

Every company has reason to be, but I can’t help but feel that sometimes capital allocation is messed up: - VCs are going mental on 10 min grocery delivery: $290m raised by 1 company today. - Meanwhile, we announced $6m to give every cancer patient a fighting chance at survival.

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Nathan Benaich

@nathanbenaich

1 month

"From a scientific perspective, the robustness of these LLMs to the deletion of layers implies either that current pretraining methods are not properly leveraging the parameters in the deeper layers of the network or that the shallow layers play a critical role in storing…

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Nathan Benaich

@nathanbenaich

1 year

Rumour has it that VCs cancelled holiday plans because of ChatGPT and AI startups. Happy holidays!

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Nathan Benaich

@nathanbenaich

4 months

EU announces supercomputer access to companies developing AI and will run a competition to select 4 companies to provide 4 million hours of supercomputer time to train large-scale AI. So that's llama-2 in 3 flavors, trained once, for the EU. I want to cry.

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Nathan Benaich

@nathanbenaich

3 months

In October ‘23, @stateofaireport reached its 5th anniversary. With 934 slides over 6 editions serving as a historical document, we’re opening 2024 with a retrospective of the main storylines, what we predicted, and what we didn't. Welcome to the State of the State of AI. 🧵

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Nathan Benaich

@nathanbenaich

6 months

Coming out of the craziest weekend in tech since SVB: - MSFT in a stronger position than ever w/Sama+Greg+loyalists, - OAI puts the breaks on shipping models and will likely lose lots of talent, - New AI startups will form - Threat of “OAI has won” is over. - GOOG vs. MSFT now

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Nathan Benaich

@nathanbenaich

1 year

Sounds like Jasper might be moving away from relying on OpenAI’s API by building their own models and training on Cerebras? If so, interesting! Start out w/3rd party model API to go fast, build market share, then dive down the stack to protect yourself.

Cerebras Systems and Jasper Partner on Pioneering Generative AI Work - Cerebras

As one of the first customers to leverage Cerebras’ new Andromeda AI supercomputer to design next set of customer-specific models, Jasper expects to vastly improve the accuracy of generative AI models

www.cerebras.net

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Nathan Benaich

@nathanbenaich

2 years

New York 🗽 will overtake San Francisco as a technology epicenter for the US. The 🍎 magnet is becoming stronger and stronger.

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Nathan Benaich

@nathanbenaich

1 month

llm routing systems - which decide which llm to use for what task - are getting more important, esp. if open source keeps flourishing yet there's no standard evaluation method for routing systems...enter ROUTERBENCH As the range of applications for Large Language Models (LLMs)…

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Nathan Benaich

@nathanbenaich

7 years

News is out: Super excited to join the incredible @PointNineCap team as Venture Partner! Big things on the horizon...🚀

Welcome Nathan!

If you’ve been following us on Medium for a little while you’ve probably noticed that we’re super bullish about AI ¹. We’re an investor in…

medium.com

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Nathan Benaich

@nathanbenaich

2 years

Generative AI is the consumerization of AI.

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Nathan Benaich

@nathanbenaich

20 days

this is the key point - if oss means you set the standard and the industry adopts it, you benefit tremendously

Dwarkesh Patel

@dwarkesh_sp

20 days

Will Zuck open source the $10 billion model?

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Nathan Benaich

@nathanbenaich

3 years

🌟 @airstreet update! 6 months after public launch our $17M Fund has upscaled to $26M! The market to build AI-first tech and life science companies to solve huge global challenges is massive. Our largest investor is @PrimaMateria_ led by @shak @eldsjal @brettbivens ! Thread 🔽

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Nathan Benaich

@nathanbenaich

5 years

🤓 Here it is, the 2019 State of AI Report by @soundboy and I. 130 slides covering the most important machine learning research, industry and political developments over the past 12 months. New section on China. 👉 Please RT if you find interesting!

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Nathan Benaich

@nathanbenaich

4 years

vs a few months ago at the same spot.

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Nathan Benaich

@nathanbenaich

1 year

🤖If LLMs are the foundation for AI, we have a lot to dev and learn from one another. 🤓I'm thinking of running a little sesh (IRL or virtual) to share ideas, tips/tricks, fav tools, design patterns, an open questions w/AI founders + builders. 👋Interested?

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Nathan Benaich

@nathanbenaich

2 months

this is so beyond bananas - eu policy wonks losing their marbles

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Nathan Benaich

@nathanbenaich

1 year

Today is AI Demo Day: - Adept $350M round - OpenAI GPT-4 - Anthropic Claude - Google PALM API - UK Foundation Models task force

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Nathan Benaich

@nathanbenaich

17 days

Huge from our friends at @ProfluentBio ! Introducing OpenCRISPR: the world’s first ever open-source AI-generated gene editor. This is a huge milestone in personalised medicine...

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Nathan Benaich

@nathanbenaich

5 months

The algorithm of Elon: It had five commandments: 1. Question every requirement. Each should come with the name of the person who made it. You should never accept that a requirement came from a department, such as from“the legal department" or "the safety department." You need…

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Nathan Benaich

@nathanbenaich

3 years

In preparation for England vs Italy, if you have even a trace of pineapple in your Italian restaurant, watch out. 👀

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Nathan Benaich

@nathanbenaich

4 years

Note the policeman in the little tower. Chilling.

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Nathan Benaich

@nathanbenaich

2 years

It's been a while now, but I wrote about this concept 3 years ago: "I argue that the best way to capture value in ML is to directly monetize your predictions by being full-stack vs licensing ML tools as software."

Machine learning: go full stack or go home

Traditional machine learning startups building single tools have the wrong idea. Today, companies need to be full-stack to thrive.

sifted.eu

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Nathan Benaich

@nathanbenaich

5 years

🙏Question to ML friends: How do you go about version control for your ML projects (data, models, and intermediate steps in your data pipelines)? Have you built your own tools? Are using something open source? Or a SaaS? Or does this come bundled with your ML infra products? Thx!

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Nathan Benaich

@nathanbenaich

1 year

🧬Today is a big day for AI-first biology! 🤓 @thisismadani et al in @NatureBiotech : LLMs learn to generate protein sequences with a predictable function across large protein families. 🆕 @ProfluentBio launches w/$9M from @airstreet @insightpartners ! 🧵🔽

Profluent debuts to design proteins with machine learning in bid to move past 'AI sprinkled on top'

While OpenAI's Microsoft-allied ChatGPT takes the world by storm, a fledgling startup in Berkeley, CA is debuting to take a similar language-learning model approach, but with the goal of designing...

endpts.com

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Nathan Benaich

@nathanbenaich

1 year

Why does Verily, a biotech company, publish AI research on a fundamental computer vision problem with tasks totally unrelated to bio? Seems odd?

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Nathan Benaich

@nathanbenaich

4 months

in 2024, i wish for scientific literature paywalls to come down it is an unnecessary tax on human knowledge

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Nathan Benaich

@nathanbenaich

10 months

“The new spring in artificial intelligence is the most significant development in computing in my lifetime” - Sergey Brin

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Nathan Benaich

@nathanbenaich

1 month

👋 @elonmusk - the A100 and H100 data we show is publicly disclosed information by the respective organisations. More than happy to add updated numbers for @Tesla @xai @X if you share them. I agree - from what I heard, they're very large :-) But we prefer not to leak secrets.

Elon Musk

@elonmusk

1 month

@thetechbrother This is not accurate. Tesla would be second highest and X/xAI would be third if measured correctly.

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Nathan Benaich

@nathanbenaich

1 year

“OpenAI may try to raise as much as $100 billion in the coming years to achieve its aim of developing artificial general intelligence that is advanced enough to improve its own capabilities” I mean, at this point, who is counting.

OpenAI’s Losses Doubled to $540 Million as It Developed ChatGPT

OpenAI’s losses roughly doubled to around $540 million last year as it developed ChatGPT and hired key employees from Google, according to three people with knowledge of the startup’s financials. The...

www.theinformation.com

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Nathan Benaich

@nathanbenaich

7 months

Here are our 10 predictions for the next 12 months! Covering: - GenAI/film-making - AI and elections - Self-improving agents - The return of IPOs - $1 billion+ models - Competition investigations - Global governance - Banks + GPUs - Music - Chip acquisitions

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Nathan Benaich

@nathanbenaich

1 year

On point

Why didn't DeepMind build GPT3?

In three short years OpenAI has released GPT3, Dalle-2 and ChatGPT — a stunning set of products that have reframed what many believe is possible with machine learning. ChatGPT has persuaded a large...

rootnodes.substack.com

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Nathan Benaich

@nathanbenaich

3 years

From all the YC companies in this last batch, apparently Oxford is the #2 most common Alma Mater. Unsurprisingly, Stanford is #1 . Huge opportunity for @UniofOxford to really lean into building a legit current student and alumni community like we have in the US.

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Nathan Benaich

@nathanbenaich

1 year

🧬 🤖 TECHBIO BOOM! @BioNTech_Group to buy @instadeepai for £342M in cash + up to £200M more. In Feb ‘21, I wrote “I see exciting ways that ML can be integrated into rational and predictive AI-first mRNA vaccine design” Thx for delivering @kbeguir 😉

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Nathan Benaich

@nathanbenaich

1 year

Companies born in our universities need more than government spin... In the @thetimes , I argue that rewriting the playbook for creating companies from uni inventions is critical to tech sovereignty. Britain won't be a Science Superpower w/out spinouts.

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Nathan Benaich

@nathanbenaich

23 days

new tings from the og

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Nathan Benaich

@nathanbenaich

4 years

🌱There is now a non-negligible number of talented product and engineering folks in my network from unicorn or high-potential startups who have quit to explore or actively build companies focused on mitigating climate change. Let's discuss it! 🌎

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Nathan Benaich

@nathanbenaich

1 year

23 - 03 - 23 AI was plugged into the internet.

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Nathan Benaich

@nathanbenaich

1 year

Again, it's mad that in Europe 50% of the most active deep tech investors aren't even VCs. It's the government. And even the VCs who are most active are largely backed by the government. To investors in the US, this is just so strange.

Europe’s most active deeptech investors

Which European funds have backed the most high-tech startups on the continent in the last year? Sifted crunched the numbers to find out.

sifted.eu

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Nathan Benaich

@nathanbenaich

4 months

How can you not want to accelerate AI for science? Meet, "Autonomous molecular discovery." A suite of machine learning tools iteratively plans experiments to learn about a structure-property space defined by molecular dye scaffold's mean experimental error.

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Nathan Benaich

@nathanbenaich

2 years

Just gonna re-share this tweet from 14 months ago. Burning €90M a month and now firing hundreds of people to deliver a toothbrush faster. Imagine all the cancer research experiments we could have run to find better medicines, faster.

Nathan Benaich

@nathanbenaich

3 years

Every company has reason to be, but I can’t help but feel that sometimes capital allocation is messed up: - VCs are going mental on 10 min grocery delivery: $290m raised by 1 company today. - Meanwhile, we announced $6m to give every cancer patient a fighting chance at survival.

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Nathan Benaich

@nathanbenaich

18 days

one of my favourite parts of this interview “why would i sell the company i have for 1b when i’d just be going back to build a similar company if i did? i like the one i have”

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Nathan Benaich

@nathanbenaich

2 months

oh damn this is cringe

Tsarathustra

@tsarnick

2 months

OpenAI CTO Mira Murati says Sora was trained on publicly available and licensed data

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Nathan Benaich

@nathanbenaich

6 years

Your guide to AI in Q4 2017, straight from ☃️ London! Check it out below 👇

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Nathan Benaich

@nathanbenaich

4 months

🧬 AI-first bio season looking tasty already! $82.5M upfront + up to $3B (and change) in biobucks for @IsomorphicLabs + @EliLillyandCo and @Novartis

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Nathan Benaich

@nathanbenaich

1 year

I’ve got a new startup idea: Generative AI for game assets. I think I’m onto something.

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Nathan Benaich

@nathanbenaich

1 year

Remember these, like, super helpful ML algo cheat sheets? Byeeeeee!

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Nathan Benaich

@nathanbenaich

3 years

🔥 Big year in NLP research that translated into a big year for NLP startups, real fast…AI ain’t niche, innit. - $100m for @primer_ai - $40m for @huggingface - $27m for @Aleph__Alpha - $6-20m for @explosion_ai - now $40m for @CohereAI Who did I miss 🤔

Fast Company

@FastCompany

3 years

Ex-Googlers raise $40 million to democratize natural-language AI

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Nathan Benaich

@nathanbenaich

4 months

if you're a tech person going into bio (generally pharma of some variety), it's common to wonder why you can't build saas and be successful it's generally because pharma revenues are driven by drug sales - the money is in the molecule, so you must own a piece of it. between…

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Nathan Benaich

@nathanbenaich

1 year

Overheard from an ML engineer in self-driving: "I can see a lot of brain drain happening to biotech" IT IS WORKING!

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Nathan Benaich

@nathanbenaich

1 year

The right move, I think, is for a home-grown UK bank like Barclays to take over SVB UK to create a UK tech bank and guarantee 100% of deposits. This would be a power move for long-term UK tech sovereignty + Science Superpower.

HSBC buys UK arm of Silicon Valley Bank

Deal is huge relief to UK tech sector, as many as 30% of whom had accounts with SVB

www.standard.co.uk

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Nathan Benaich

@nathanbenaich

1 year

😱 So much has happened in AI in the last 4 weeks. If you're new to the space, have a read of @osebbouh and my analysis below. If you're already in the space, tell me what we missed :-)

🔥 Your guide to AI: February 2023

Hi all! Welcome to the latest issue of your guide to AI, an editorialized newsletter covering key developments in AI research, industry, geopolitics and startups during January 2023. This one is a...

nathanbenaich.substack.com

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Nathan Benaich

@nathanbenaich

2 years

By contrast, a startup that's figured out a high-value customer problem that can be uniquely solved with the same model is in a much better spot to optimise value capture. Essentially: Model API outputs = unrefined commodity = $ vs. Full product = refined commodity = $$$

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Nathan Benaich

@nathanbenaich

2 months

Today is a big day for our friends at @ProfluentBio ! 🧬 We're announcing a $35M Series A, led by @sparkcapital , with significant participation from @airstreet . Here's why I'm psyched for what's to come:

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Nathan Benaich

@nathanbenaich

1 year

My call for European Dynamism is in print @FT today 🇪🇺 *Democracy won’t defend itself with the next grocery-delivery app.* Here’s the diagnosis and what needs to happen:

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Nathan Benaich

@nathanbenaich

1 year

Friends in UK policy ask how serious SVB implosion is. It is absolutely critical that the government steps in immediately to guarantee swift access to 100% of deposits. Else, startups will be decimated. No Science Superpower. Nada. All gone.

Hunt scrambles to protect UK tech from Silicon Valley Bank collapse

Start-ups warn of ‘moment of crisis’ as industry leaders say many could be ‘technically insolvent’

www.ft.com

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